Latest Realty News

Oct 31, 2015
Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
Jun 07, 2015
NEW DELHI: The pensions regulator has opened the doors of long-term retirement funds to the real estate sector, allowing the pension funds to invest up to 5% of their corpus in regulated real estate investment trusts.
Sovereign, pension funds bet big on commercial realty
Jan 06, 2015
Mumbai: The new year could well turn out to be a big one for the commercial real estate sector
Venkaiah Naidu asks real estate sector for 'out of box' ideas
Oct 02, 2014
Seeking "out of the box" ideas from the real estate sector for affordable housing, the Government said it will consider recommendations for investing insurance and pension funds in the sector
Taxation, regulatory issues may trip REITs success: KPMG-IVCA
Sep 20, 2014
Real Estate Investment Trusts (REITs) could be a game changer for the realty sector, but lack of clarity on taxation and regulatory aspects might act as roadblocks for attracting foreign investments in the commercial space
Overseas funds make a beeline to invest in India
Jun 14, 2014
MUMBAI: Several sovereign wealth funds (SWF) and overseas pension funds are rushing to invest in India, driven by hopes of economic recovery under a new stable government. At least three sovereign funds from West Asia have invested over $5 billion in the past eight months and one global pension fund has committed to invest $450 million.
Xander, Dutch pension fund APG to go on $300m office buying spree
May 08, 2014
BANGALORE: Emerging markets investor Xander and Dutch pension fund APG have partnered for a Indian venture that would deploy $300 million (or Rs 1800 crore) to buy tenanted office spaces across the country's top metros.
Top global investor CPPIB to set up team in India
Mar 10, 2014
MUMBAI: Canadian Pension Plan Investment Board (CPPIB), among the largest long-term public and private equity investors managing $200 billion in assets, is set to appoint an India team with a new office in Mumbai later this year.
Piramal, Canada pension fund set up $500-m realty venture
Feb 14, 2014
MUMBAI: Piramal Enterprises and Canada Pension Plan Investment Board (CPPIB) have jointly set up a $500-million fund to finance residential property projects in India.
CCI to study financial sector for possible unfair practices
Sep 29, 2013
DELHI: To keep a tab on possible unfair practices, the Competition Commission of India has begun a study of functional aspects of the country's growing financial sector, including banking and insurance segments.
Unitech group's UCP gets bids up to Rs 2,700cr for Gurgaon SEZ
Aug 06, 2013
DELHI: Unitech BSE -3.17 % Corporate Parks, a Unitech group firm listed in London, has received bids of up to Rs 2,700 crore from six companies, including Blackstone, for sale of its IT Special economic Zone (SEZ) in Gurgaon.

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